Zambia’s external debt may grow to $13 billion – Alexander Chikwanda

(Bloomberg) — Zambia’s external debt may grow by more than 40 percent to $13 billion next year as the cost of planned projects are added to the total, and debt-servicing charges could double, according to former finance minister Alexander Chikwanda. The government of Africa’s second-biggest copper producer could face debt-servicing costs of $1 billion next